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- U.S. import prices jump more than expected in February
U.S. import prices jump more than expected in February
Import
prices in the
The Labor
Department said import prices jumped by 1.1 percent in February following a 0.6
percent increase in January. Economists had been expecting import prices to
increase by 0.6 percent.
The report
also showed that export prices rose by 0.8 percent in February after edging up
by 0.3 percent in the previous month. Export prices had been expected to inch
up by 0.2 percent.
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